On December 11, 2013, the Department of the Treasuryís Office of Foreign Assets Control (OFAC), the Board of Governors of the Federal Reserve System (the Federal Reserve) and the New York State Department of Financial Services (NYDFS) each concluded regulatory actions against Royal Bank of Scotland Group plc (RBS or the Bank), based in the United Kingdom.

On March 20, 2012, the Treasury Departmentís Office of Foreign Assets Control (OFAC) issued interpretive guidance and a new licensing policy regarding its rule authorizing the export to Iran of certain services and software incident to the exchange of personal communications over the Internet.

On November 22, 2011, the US Department of State, Directorate of Defense Trade Controls (DDTC) published a proposed rule to implement Defense Trade Cooperation Treaties between the United States and Australia, and between the United States and the United Kingdom.

On November 14, 2011 the US Department of the Treasury, Office of Foreign Assets Control ("OFAC") implemented certain of the sanctions imposed on seven persons by the Secretary of State under the Iran Sanctions Act of 1996 ("ISA").

On July 1, 2011, the Treasury Departmentís Office of Foreign Assets Control ("OFAC") published a final rule imposing sanctions against Libya. New Part 570 to Title 31 of the Code of Federal Regulations, entitled the "Libyan Sanctions Regulations".

On March 10, 2010, the Treasury Departmentís Office of Foreign Assets Control ("OFAC") published a final rule authorizing the export to Iran and Sudan of certain services and software incident to personal internet-based communications.